-FirstPost.com Direct Benefit Transfer (DBT) schemes, in vogue for some time in India now, have surfaced with renewed fervour over the last year and a half. DBT, as the term suggests, is a strategy aimed to electronically transfer price subsidies and benefits provided under various welfare schemes as cash directly into the bank accounts of beneficiaries. The Economic Survey 2014-15 made a strong case for replacing various price subsidies and in-kind transfers...
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India’s failed diplomacy at the WTO
-Livemint.com It has repeatedly failed to protect the domestic food security agenda The cabinet’s approval of the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA) on Wednesday is, on the face of it, a relatively innocuous development. As WTO deals go, this is low-hanging fruit. The agreement is to reduce administrative barriers at ports and customs, reducing transactional costs of international trade and consequently—according to various studies—increasing global gross domestic product...
More »Polavaram is reaping the Jan Dhan benefit -Gunturi Naga Sridhar
-The Hindu Business Line The scheme has made life easier for the people of this Andhra Pradesh village, one of the first in the state to have 100 per cent financial inclusion. But the local experience also throws up a few questions relevant nationally, reports Gunturi Naga Sridhar Fourty-year-old M Ravamma, from Polavaram, a village in the Krishna district of Andhra Pradesh, had a nightmarish experience two months ago. Her husband complained...
More »From Plate to Plough: How to expand inclusion -Ashok Gulati & Prerna Terway
-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...
More »The case for going universal -Diane Coffey & Payal Hathi
-The Hindu Maternity entitlements are an important policy tool for encouraging better maternal health. This is why we need to do away with conditionality in cash transfer schemes Since the National Food Security Act (NFSA) was passed in 2013, policy circles have been buzzing with talk of reforms in the public distribution system (PDS). Less well appreciated is the NFSA’s potential to call attention to, and help address, poor maternal nutrition — an aspect...
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